LB Group (002601) Q3 2024 earnings summary

Executive summary

• Q3 revenue reached ¥7.07 billion, up 0.87% year-over-year; net profit attributable to shareholders was ¥842 million, down 4.29% year-over-year.

• Year-to-date revenue totaled ¥20.87 billion, up 2.98% year-over-year; net profit attributable to shareholders was ¥2.56 billion, up 19.68% year-over-year.

• Basic EPS for Q3 was ¥0.36, down 2.70% year-over-year; year-to-date basic EPS was ¥1.08, up 20%.

Financial highlights

• Operating cash flow for Q3 was ¥2.59 billion, up 13.61% year-over-year.

• Gross margin and segment breakdowns not specified; operating profit for the period was ¥3.14 billion.

• Total assets at quarter-end were ¥66.88 billion, up from ¥63.82 billion at the end of last year.

• Owner's equity attributable to shareholders was ¥23.87 billion, up from ¥22.48 billion at year-end.

Key financial ratios and metrics

• Weighted average ROE for Q3 was 3.44%, down 0.70 percentage points year-over-year; year-to-date ROE was 10.63%.

• Net profit margin and other ratios not detailed.